[Featured Stock] Namyang Dairy Products Hits 52-Week High Rally... Highlighted for Shareholder Returns and Corporate Restructuring

Record high after 9 months followed by continuous rise
Acceleration of 'transformation' since end of 60-year owner management
'Value-up' through share buybacks and structural improvements

Namyang Dairy Products continues its 52-week record high rally. It appears to be positively influenced as shareholder returns and structural improvements accelerate following the acquisition by private equity firm Hahn & Company.

As of 10:11 AM on the 31st, Namyang Dairy Products is trading at 690,000 KRW, up 2.22% (15,000 KRW) from the previous trading day. It reached an intraday high of 695,000 KRW early in the session. After hitting a 52-week high of 670,000 KRW on the 28th, marking the highest price in about nine months, Namyang Dairy Products has been continuously setting new record highs.

Founded in 1964, Namyang Dairy Products saw the end of 60 years of owner management by the founding Hong family this year. During the Hong family’s management, the company’s image suffered due to controversies such as allegations of power abuse. This negative image remains deeply ingrained in the public consciousness.

Hahn & Company, which took control of management rights, decided to retain the Namyang Dairy Products name despite the negative image. Rather than focusing on the name, they are pursuing practical value enhancement. The total scale of treasury stock purchases made or planned this year amounts to 40 billion KRW. Additionally, structural improvement efforts are accelerating with the recent spin-off of Baekmidang into a separate corporation. Namyang Dairy Products headquarters will focus on its core milk and powdered milk business, while Baekmidang plans to strengthen its competitiveness in the dining-out sector to establish an independent growth foundation.